VANCOUVER, BRITISH COLUMBIA, Jun 15, 2012 (MARKETWIRE via COMTEX) — Cortez Gold Corp. /quotes/zigman/478882 CA:CUT +11.54% (“Cortez” or the “Company”) is pleased to report that it has commenced construction to complete the gold-silver processing plant situated in Matehuala, Mexico. The Company recently closed the transaction to acquire 100% of the issued and outstanding shares of Altiplano Goldsilver S.A. de C.V. of Mexico (“Altiplano Goldsilver”) by issuing 6,000,000 shares of Cortez to the shareholders of Altiplano Goldsilver with a commitment to spend US$1.3 million to develop and complete construction of the processing plant.
ON BEHALF OF THE BOARD of Cortez Gold Corp.
President & Chief Executive Officer
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cortez Gold Corp.
President and CEO
(604) 602-4936 (FAX)